BTV up .5 (5%) when the market is down over 3%.
Some investors are realizing the value of cash in a tough market.
What is safer - a large company trading on a pe of 20, with a massive EV, or a small company, with twice as much cash (and cash coming in installments) as they are worth..?
There will only be one regret from those of us who have bought recently, and that is having bought so cheaply, we are reticent to pay more, even though the fundamentals are so impelling.
DYOR
My 'fair value' for BTV is in the low 20 cents. 19.3 cents per share just in cash/cash equivalents, and no debt.
disclosure: 1,000,000 shares. Last purchase at 10 cents.
Add to My Watchlist
What is My Watchlist?